Catylist ID:
#30857986
Creekside Plaza: Seymour Investment Opportunity
Retail-Commercial
for Sale
| Catylist Listing ID: | 30857986 |
| Property Subtypes: | Car Wash, Mixed Use, Retail-Pad, Street Retail, Other |
| Building Size (RSF): | 16,800 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.36 Acres |
| Sale Price: | $1,900,000 |
| Unit Price: | $113.10 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 6.99% |
| Last Updated: | 12/3/2023 |
Overview / Comments
|
Creekside Plaza located at 821 Boyds Creek Highway is a unique investment property in the greater Knoxville area. Due to its use diversity and high occupancy levels, the property offers secure cash flow with upside opportunities. A three-tenant retail center boasting a Mexican restaurant, barbershop, and boutique provides Creekside Plaza with secure long-term tenants. The full-functioning storage facility and car wash provide high-income opportunities. The storage facility is on its way to market rents and should reach its full potential in 2024. The Car Wash has provided stable income and expects increased potential with the addition of a Credit Card payment option. Please contact the agents below for more information on this Investment opportunity. - 47-Unit Storage Facility - Car Wash with four regular bays, one large bay - Four-Unit Retail Front - Small Office Space - High Occupancy - Recognition |
Attachments & Media
Additional Details
| Nearest MSA: | Sevierville |
| County: | Sevier |
| Tax ID/APN: | 078045D B 00200 |
| Property Located Between: | Wade Rd and Talon St |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Chapman Highway |
| Feet of Frontage: | 360 |
| Area Description: | This investment property is located on one of the primary corridors in Seymour with excellent frontage on Boyds Creek Highway, less than a thirty-minute drive from Downtown Knoxville. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 2004 |
| Parking Type: | Surface |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,707 | 17,948 | 31,894 |
| Median Age: | 39.51 | 40.81 | 40.27 |
| Households: | 639 | 6,897 | 12,103 |
Contact
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